In 2024, which has so far been referred to as the “year of meme coins”, such tokens continue to bring serious gains to its investors. A user has earned close to $10 million in about 2 weeks through Moodeng, one of the most talked about meme coins in recent days.

Trader earned 11,500 times

According to the information provided by the on-chain platform Lookonchain, one person bought 6 Solana and 30 million Moodeng for about $815. The return on tokens received 17 days ago was unbelievable. At the end of this period, the investor made 11,534 times profit from the rises. The value of the tokens held by this person, who is also likely to be from within the project, is currently around $9.4 million…

Crazy purchases also continue

On the other hand, according to the information provided by Lookonchain, another investor received $310 thousand Moodeng yesterday. This person, who spent 2000 Solana for purchases, also became the second largest investor to own this meme token. This person currently holds $4.3 million in Moodeng.